Free from the constraints of a formal benchmark, RIT has a remit to invest globally in any asset class.
Our corporate objective is to deliver long-term capital growth, while preserving shareholders’ capital; to invest without the constraints of a formal benchmark, but to deliver for shareholders increases in capital value in excess of the relevant indices over time.
Therefore we aim to deliver healthy participation in up markets with reasonable protection in down markets. Over time this should allow us to compound ahead of markets through the cycles.
Since inception, we have participated in 76% of monthly market upside but only 40% of the market declines. A shareholder who invested in RIT at inception has seen a share price total return of 11.8% per annum, which represents a meaningful outperformance of global equity markets.